Accumulated profits at the entertainment firm owned by three time Oscar-nominated actor Saoirse Ronan plunged by more than €241,000 to €194,563 last year.

New accounts filed show that the cash pile at Ronan's Slaney Productions Ltd also reduced sharply during the year, from €453,110 to €290,580.

The drop in accumulated profits at the firm in what was a very busy year for Ms Ronan may be explained by the actor splashing out a reported €1.4m on a new home in Co Wicklow during the year.

The luxury five-bedroom home of one of Hollywood's most sought-after young actors comes with its own home cinema.

Ms Ronan also agreed a price close to the asking price of €495,00 for her former home in Howth in north Dublin last year.

Widely regarded as Ireland's most talented young actor, Ms Ronan has already scooped three Oscar nominations for her stand-out performances in 'Atonement', 'Brooklyn' and last year's 'Ladybird'.

The actor may go one better next time around with her lead role in the star-studded and hotly-anticipated 'Mary, Queen of Scots' which will be released in the US later this year in time for the 2019 Oscar awards.

Scripted by House of Cards creator Beau Willimon, the production - which is due for release here early next year - also stars Margot Robbie, David Tennant and Guy Pearce.

Ms Ronan - who celebrated her 24rd birthday last April - rose to international prominence 11 years ago for her role as Briony Tallis in 'Atonement'.